0
Normal over time
Basic salary / hr x 125%
Eg: if Basic salary =5000
= 5000/26/8
=24
ie =24 x 125% = 30
Holidays.. OT hr x 150%
=24 x 150% = 36
Please how do you got 5000/26/8? more break down
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
If your overtime rate is 2.40 per hour more than your usual rate then what is your overtime rate?
Assuming your overtime rate of pay is "time and a half", your overtime rate is $7.20 per hour. That would make your normal rate of pay $4.80 per hour, which means you really should start reading the classified ads or join a union...
How is overtime rate and overtime pay calculated?
To calculate overtime pay, follow these steps: Determine Overtime Rate: Typically, it's time and a half (1.5 times the regular rate). For example, if the regular rate is $20/hour, the overtime rate is $30/hour (1.5 x $20). Calculate Overtime Hours Worked: Overtime is usually the hours worked over the standard full-time hours (often over 40 hours per week). Calculate Overtime Pay: Multiply the overtime hours by the overtime rate. E.g., for 8 overtime hours at a $30/hour rate, the overtime pay is 8 x $30 = $240. In Excel: Set up columns for names, regular hours, hourly rate, overtime rate, overtime hours, and pay. Multiply regular hours by hourly rate for regular pay. Multiply overtime hours by the overtime rate for overtime pay. Add regular and overtime pay for total pay. Ensure accuracy in calculations to avoid compliance issues. For complex situations, consider using dedicated software or automation tools.
What is the employment rate of Qatar?
The unemployment rate of Qatar is an average of 0.5% which has held its position since 2011. Qatar has the highest employment rate in the GCC region.79% of the population are employed through oil and gas production.
What is the literacy rate of Qatar?
93.1%
What is the unemployment rate of Qatar?
0.5% (2009)
What is the literacy rate in Afghanistan in 2009?
The literacy rate is 93.1% in Qatar.
How is an employee's hourly overtime rate figured?
Multiplying rate by 1 and a half.
Are hourly rate truck drivers entitled to overtime pay?
Yes your company has to pay overtime In California.
How do you calculate the actual labor rate when the standard rate is give?
Multiply the standard rate by the number of hours worked. If they worked overtime you may have to mutiply the rate by 25% or 50% - depending on the contract - f or the hours worked overtime.
A lady usually works 40 hours and usually earns 1600$ weekly. If she is asked to work overtime for whatever reason, her overtime rate is time and a half. Calculate basic hourly rateCalculate overtime hourly rate?
i dont know
11.00 per hour with 7 hours overtime each week?
For a 40-hour work week and an overtime rate of 1.5, you would earn $28,424.00 annually. If your overtime rate is double-time (2.0), you would earn $30,272.00 annually.
When is overtime?
Overtime is work done outside your normal daily hours. If you normally work an eight hour day, but work an extra hour one day. That extra hour is overtime, and overtime is often paid at a higher rate.
